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Lavender Colour New Rs 100 Notes to be issued by RBI Shortly

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New Rs 100 Note

The Reserve Bank of India has announced that new Rs 100 notes will be issued shortly. The new Lavender colour Rs 100 notes will be added to the existing new series of colourful currencies released by the RBI. Printing and distribution of new Rs 100 notes will be increased gradually accordingly the RBI’s report. The report also mentioned that 66 mm x 142 mm is the dimension of the new lavender colour Rs 100 notes. The New Rs 100 notes will have the signature of Mr. Urjit Patel, The Reserve Bank Governor.

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Country Chicken Farming [Business Idea]

Country Chicken Farming Business is a trend in many Indian villages and cities. Starting a country chicken farm is a profitable business idea for those who are interested in rearing chicken and other pets.

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Country Chicken Farming Business Idea
Country Chicken Farm
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Country Chicken 

Country chicken is popularly known as Nattu Kozhi in Tamilnadu. In North India, it is called as Desi Chicken, Desi Murgi or Nati Chicken. It is also called as Natu Kodi in Andhra Pradesh and Telengana. Country chicken farming is a good start-up business idea.

Country Chicken are the pure chicken breeds originated in different places of India. Broiler chickens are mostly reared only for meat. These are young chickens which are marketed at 6 to 8 weeks of age. Country Chicken are raised for their eggs and meat.

Country Chicken Farming in India



Chicken farming in India has been growing tremendously with the support of technology and commercial farming strategies. 

In earlier days, country chicken or desi chicken were reared by families in their backyard poultry for their own needs of eggs and meat. Since last two decade, Country chicken farming in India has transformed from domesticated small scale farming for meat needs of families into commercial large scale farming. 

The reason for this transformation is the growing demand for country chicken among the meat consumers in India. The growing demands have been achieved by country chicken farms in India through commercial poultry activities.

Types of Country Chicken Breeds in India 

Aseel and Kadaknath are the two major pure Indian breeds reared in backyard poultry as well as large scale commercial poultry.  

Aseel Country Chicken
Aseel – Country Chicken Breed

Aseel: 



Aseel is well known for its fighting qualities, high stamina and majestic gait. The pattern of movement of the limbs of animals is known as gait. It has broad breast, long neck and very strong legs.

Aseel is a rarely available breed which can be found mostly in Andhra Pradesh, Rajastan and Uttar Pradesh. This type of breed lays around 80 to 95 eggs per year.

Kadaknath Country Chicken
Kadaknath – Country Chicken Breed

 
Kadaknath:

Kadaknath breeds usually in bluish to black colour. The internal organs of this breed may also in dark black colouration. The blood of this breed is darker when compared to usual blood colour.

A normal chicken may lay around 80 to 105 eggs per year. This breed has very strong immunity that resists diseases naturally. However, intensive rearing condition is not recommended since it may cause Mareks disease which is an infectious disease of poultry.  

Naked Neck Country Chicken
Naked Neck – Country Chicken Breed

Naked neck, Busra, Siruvidai and Peruvidai are other breeds of Country Chicken. Siruvidai and Peruvidai breeds are mostly reared in Tamilnadu.

6 Advantages of Country Chicken Farm Business 

  1. High Demand: Increasing demand for country chicken meat and egg produced by them in India is a positive social factor that will support your growth in this business. 
  2. Low Initial Investment: You can start country chicken farming business even with two birds initially and increase the count later. 
  3. Short Payback Period and Faster Return on Investment: This business will yield revenue within 5 to 6 months. You can attain a Good profit within one year after starting the farm.
  4. Low or No labour cost: In any business, labour cost may eat a major part of income generated by the business. Burt, Country Chicken farming requires minimum labour. Initially, your family members alone join hands and manage the poultry. 
  5. Low feeding cost: Various agricultural by products, left over food wastes and grains can be used to feed these birds. Therefore, feeding cost is very low, which may increase profitability.
  6. Health benefits: Country chicken farming has both personal and social benefits. Your home and your society could reap the health benefits from the nutritional eggs and meat. 

Country Chicken Farming Business Idea



A country chicken naturally live for six or more than six years. A chicken may lays eggs for 2 years. Broiler chickens start laying their first egg in 17 to 19 weeks. However, country chickens takes some more weeks to produce eggs.

Aseel breed may start laying its first egg after 28 weeks. Kadaknath breed may take 25 weeks to start laying eggs. 

An average country chicken lays 90 eggs approximately per year. Annual revenue from one chicken through eggs alone around 900 to Rs.1350. A chicken can be sold for more than Rs.500. If you raise 100 country chicken initially, then you can gain a huge revenue of around Rs.3 Lakhs to Rs.5 Lakhs in a year. 

Aseel may gain 1.25 kilograms in 20 weeks. Likewise, Kadaknath breed may gain 950 grams in this period. An average weight of Aseel breed hen is 3 to 4 kilograms and Aseel breed cock is 4 to 5 kilograms.

The quality of meat and eggs will be better if you grow the birds in a stress free organic farm.

This country chicken business will be highly profitable when you raise chicken in sheds instead of backyard farming method. This is a good commercial form of rearing country chicken for high profit. 

Although country chicken has higher resistance to diseases, vaccination is important when you maintain a large commercial farm. 

Country Chicken commonly depends on scavenging insects in nearby places where they grow in free range. However, high protein intake and cereal are required for quality egg production and meat. 

The, Cereal feed is highly recommended for country chicken if they are rearing for meat purpose. They must be fed twice a day with mixed grains such as broken rice and Ragi. 

Commercial feed is not required in a high quantity when you grow country chicken in free range.

Business Budget

Approximate budget to start a country chicken farm for raising 100 chicks is estimated here. 

A shelter made of simple nets and local available materials in around 1000 square.ft  Rs.5000
Cost of chicks (at Rs.25) Rs.2500
Cost of commercial feed for 3 months (excluding domestic food waste) (Rs.1 x 100 chicks x 30 days) Rs.3000
Miscellaneous cost Rs.3000
Total initial investment Rs.13500

The estimated initial budget is Rs.13500, approximately for raising 100 chicks. You can also start this country chicken farming business in a small scale as domestic farming with very little investment.

The demand is high for country chicken and the business requires low investment and rearing cost. Thus, the business would attain high success rate and profitability. 

It is never too late to start your own business. Start Now…



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Top 10 Best Export Business Ideas in India 2019

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Best Export Business in India 2019

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The following best export business ideas in India are prepared based on the products those are majorly imported by USA from India and other countries. Therefore, opportunities and demand for these products are extremely high in the USA market [1].



Any small business can manufacture or procure these listed products and export to the USA. You may not need a high investment or huge manufacturing set up to make and export these products. Therefore very low risk, little or no investment, but high profit.

Moreover, the listed products are commonly manufactured or easily sourced from India. Hence, you can attain high profit by sourcing these products for very low cost and export products to USA for high price.

Best export business to start in India

1. Handmade Carpets and Floor Coverings

India is the largest producer of handmade carpets in the world. India is also the leading exporter of handmade carpets in the global market. India exported US$ 1427 million value of handmade carpets during 2017 to 2018. India is exporting around 40% overall handmade carpet exports worldwide. The USA is the largest importer of carpets and floor coverings in the global market.

Germany, UK, Australia and UAE are the other countries are importing carpets and textile floor coverings from carpet exporters in India. The new exporters of carpets can get export assistance and other business related assistance from The Carpet Export Promotion Council (CEPC), which is the apex body of handmade carpets and floor covering exporters in India [2].

2. Leather Goods, Handbags & Travel bags




India is the place for a huge amount of raw materials required to manufacture leather bags and leather handmade articles. According to a report, India produces 13% of leather when compared to the overall international leather production [3].

Leather goods such as hand bags & travel bags, leather footwear, finished leather products and leather garments are the major leather goods in a huge demands in the International market. The new exporters of leather goods and leather articles can get export assistance and other business related assistance from a non profit organisation, The Council for Leather Exports (CLE) [4]. USA is the largest importer of leather goods from India. Following the USA, other countries import leather articles from India are Germany, UK, Italy and Hong Kong.

3. Tea and Coffee

India is one of the largest producers and exporters of tea and coffee in the global market [6]. In 2017, USA imported $486.8 million worth of tea from other countries. Russia, UK, Iran, Pakistan and Egypt are the other major importers of tea [7].

Tea Coffee Export from India

You can also export tea to other Asian countries and European countries who holds the first and second places respectively in importing tea [7]. Thus, Tea export from India is a profitable business in 2019.

4. Spices

India is the home market of spices and the world’s largest producer and exporter of spices. Among the 109 varieties of spices listed in ISO (International Organization for Standardization), 75 varieties of spices are produced in India.

India’s total spice trading is equivalent to almost half of the global spice trading. India exported US$3.11 value of spices to the US market alone during 2017 to 2018. Other major importers of Indian spices are Hon Kong, UK, UAE, China, Thailand, Sri Lanka and Bangladesh [5].

5. Millet and Grains

India is one of the largest producers and exporters of wheat and millet in the global market. India has produced 116,000 metric tones of millet last year [8]. The demand for grains and millet are extremely high in the Unites States due to their low production level.

6. Fruits and Vegetables

The New York Times reported that most of America’s fruits are imported from other countries. The report also mentioned that the import of fruits in this country will further grow up to 45% till 2027. USA also imports half of its vegetables from foreign countries [9]. This report shows the huge opportunity for fruits and vegetable exporters in India and other countries.

Fresh onions, Mangoes, grapes, Cucumber, processed fruit juices and other fresh fruits and vegetables are the major products export from India to the USA [10].

7. Toys




The demand for Indian handmade toys in various materials has been increasing in the recent years. Increase of labour cost in China has given more opportunity to Indian toys exporters. The following types of toys are usually imported by the USA importers in huge quantity.

  • Man made and Handmade toys
  • Wooden toys
  • Animal and cartoon toys made in silk textile materials
  • Toys and Articles made in Rubber
  • Toys and Articles made in Plastic

8. Natural or Organic Honey

The demand for Indian Organic honey is high in the international markets, specifically the USA. In 2018, India exported 42655 metric tons of Natural honey to the USA. Saudi Arabia, The United Arabic Emirates, Canada and Qatar are other major importers of Indian organic honey. India also exports natural honey to Bangladesh, Nepal, Kuwait, Morocco and Germany [11].

The various types of honey export from India includes Rapeseed / Mustard Honey, Eucalyptus Honey, Lychee Honey, Sunflower Honey, Karanj / Pongamea Honey, Multi-flora Himalayan Honey, Acacia Honey, Wild Flora Honey, Multi and Mono floral Honey [12].

9. Organic Soap and Cosmetics

There is a rising demand for organic soap and cosmetics in the international markets and emerging markets such as China and India. Organic bar soap and Organic liquid soap are in high demand in the international market [13]. As per the report United States, Canada, Mexico and rest of North America could be considered as the major target market to export Organic Soap and cosmetics from India in 2019.

10. Cotton and Cotton Products

India has the largest cotton growing areas in the world. Gujarat is the leader in cotton and cotton product production in India. Maharashtra, Andhra Pradesh, Punjab, Madhya Pradesh, Haryana, Karnataka, Rajastan and Tamilnadu are the other states manufacturing cotton in a huge quantity followed by Gujarat [14]. Although, USA also produces cotton in a large quantity, the increasing demand for cotton products in the country increases their import rate. Any small and medium companies also export a huge quantity of cotton to the USA and other international market and gain profit in this year.



References

[1] International trade in goods – Imports 2001-2017

[2] Carpet Industry And Exports

[3] Leather – Make in India

[4] Leather Industry And Exports

[5] Spices Industry And Export In India

[6] Value of tea and coffee exports from India between 2010-11 and 2016-17

[7] Tea imports by countries

[8] Grain: World Markets and Trade

[9] Most of America’s Fruit Is Now Imported. Is That a Bad Thing?

[10] India Export Statistics

[11] Exports from India of natural honey

[12] Natural Honey 

[13] Global Organic Soap Market By Product Type, By Bar Soap Type, By Liquid Soap Type, By Sales Channel, Competition Forecast & Opportunities, 2012–2022

[14] Product Profiles of Cotton

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Import Duty Hike on 19 Non Essential Products

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The central government raised import duty on 19 non essential products on Wednesday. The import duty was increased to 20% on washing machines, air conditioners and refrigerators. The changes is the custom duty will be effective from the Midnight of 26 – 27, September. The government has taken this decision to narrow down the Current Account Deficit. The Current Account Deficit is the difference between inflow and outflow of foreign exchange. The Current Account Deficit value was widened to 2.4 percent of the country’s GDP in the first quarter of 2018. The government has taken this tariff measure to curb the import of non essential items.

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